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Kalina Power (STU:WHS) Current Ratio : 1.28 (As of Dec. 2023)


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What is Kalina Power Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Kalina Power's current ratio for the quarter that ended in Dec. 2023 was 1.28.

Kalina Power has a current ratio of 1.28. It generally indicates good short-term financial strength.

The historical rank and industry rank for Kalina Power's Current Ratio or its related term are showing as below:

STU:WHS' s Current Ratio Range Over the Past 10 Years
Min: 0.03   Med: 1.51   Max: 10.93
Current: 0.59

During the past 13 years, Kalina Power's highest Current Ratio was 10.93. The lowest was 0.03. And the median was 1.51.

STU:WHS's Current Ratio is ranked worse than
86.96% of 529 companies
in the Utilities - Regulated industry
Industry Median: 1.06 vs STU:WHS: 0.59

Kalina Power Current Ratio Historical Data

The historical data trend for Kalina Power's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kalina Power Current Ratio Chart

Kalina Power Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 1.42 7.12 0.83 0.58

Kalina Power Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.12 4.54 0.83 1.28 0.58

Competitive Comparison of Kalina Power's Current Ratio

For the Utilities - Diversified subindustry, Kalina Power's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kalina Power's Current Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kalina Power's Current Ratio distribution charts can be found below:

* The bar in red indicates where Kalina Power's Current Ratio falls into.



Kalina Power Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Kalina Power's Current Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Current Ratio (A: Jun. 2023 )=Total Current Assets (A: Jun. 2023 )/Total Current Liabilities (A: Jun. 2023 )
=0.526/0.632
=0.83

Kalina Power's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=0.713/0.557
=1.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kalina Power  (STU:WHS) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Kalina Power Current Ratio Related Terms

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Kalina Power Business Description

Traded in Other Exchanges
Address
795 Glenferrie Road, Ground Floor, Suite 6, Hawthorn, Melbourne, VIC, AUS, 3122
Kalina Power Ltd operates as a power company in Australia. The principal activities of the company and its subsidiaries are the deployment of the Kalina Cycle technology internationally and the management of its projects and investments. It operates through two segments: Investments and Power Business. The majority of its revenue is derived from the Investments segment which provides administrative support and is responsible for the investment activities of the group.

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